Economic uncertainty not changing Canadians’ retirement strategies: survey
Mutual funds still most commonly held retirement investment
- By: IE Staff
- February 9, 2009 October 31, 2019
- 09:50
Mutual funds still most commonly held retirement investment
Worsening economy forcing retirement re-think
39% encountered costs they did not anticipate
Downturn has forced change in spending and investing habits
3,000 accounts set up so far
Compared to this time last year, 53% of Canadian 60 an over feel less secure about their financial future, according to a recent Angus Reid…
Market downturn weighs on confidence
Weaker economy coupled with high personal debt levels drives increase
Only 28% very confident they will have enough money to enjoy retirement
Healthier lifestyle may lead to lower health insurance premiums
Calgary man to pay more than $250,000 in fines and costs
Downturn shines spotlight on financial planning
Only 5% of companies plan to cut retiree benefits
Consumers adapt to chilly economy by cutting back of spending
High interest savings accounts are the most preferred product for TFSAs
Next scheduled sitting is June 13
Report identifies six areas that can improve the chance for a successful retirement
Almost three in 10 won't contribute this year
Majority decision upholds lower court rulings in Lipson case
Investors urged to adopt military principles
Lack of written agreement may lead to problems
Retirees would rather have good health than no financial worries: survey
More Canadians over 50 decide to delay retirement
Women feeling the brunt of the downturn